How is compensation from the exercise of nonstatutory stock options reported on Form W-2 if compensation is NOT recognized on the date of the grant? The spread between the:

a) Grant price of the stock over the fair market value at the time of vesting is shown as a "V" in box 12.

b) Grant price of the stock over the exercise price at the time of vesting is shown as a "V" in box 12.

c) Fair market value of the stock over the exercise price at the time of exercise is shown as a "V" in box 12.

d) Grant price of the stock over the exercise price at the time of exercise is shown as a "V" in box 12.